Publication: Enabling Institutional Investment in Climate Smart Infrastructure
Date
2020
ISSN
Published
2020
Author(s)
Grimm, Michael
Boukerche, Sandrine
Abstract
The world is not on track to address
climate change. As countries move toward developing stimulus
packages to stem the economic impact of Coronavirus
(COVID-19), it will be vitally important to build the
foundation for a more resilient, sustainable and prosperous
future. The objective of this report is to explore
innovative financing approaches and case studies for
enabling institutional investment in “climate-smart”
infrastructure projects in emerging markets that can help
close the climate investment gap. The first chapter of the
report introduces key concepts related to the need for
increased levels of climate-smart investment and the
potential of refinance and securitization as a tool to
facilitate further institutional investor involvement. The
second chapter discusses the challenges and opportunities to
close the climate investment gap, highlights the different
roles of government, DFIs, and institutional investors, and
the opportunity to use green bonds and green securitization
and other methods to attract institutional capital. The
third chapter reviews and provides a framework to examine
the interconnected layers of investment barriers specific to
institutional investment in climate-smart infrastructure.
Citation
“Grimm, Michael; Boukerche, Sandrine. 2020. Enabling Institutional Investment in Climate Smart Infrastructure; Enabling Institutional Investment in Climate Smart Infrastructure. Invest4Climate Knowledge Series;. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/34327 License: CC BY 3.0 IGO.”